The Orchard At Carneros Inn

by Deidre Woollard (RSS feed)
Jul 25th 2007 at 8:03AM

The San Francisco Chronicle recently covered one of the latest fractional residences. If you want a piece of Napa life you might want to check out the Orchard at Carneros Inn. The new offering is 17 cottages with 10 owners each. Each share costs $275,000 each.

The Carneros Inn is a 27-acre resort in Napa that has 86 guest cottages, million dollar homes, three restaurants, a spa, pools, fitness center, boutiques and even a deli. It is basically a small village unto itself. The cottages will have a rustic feel but with all the requisite amenities like stainless steel appliances and flatscreen TVs as well as access to all the Carneros amenities. Your $275,000 buys you three weeks a year plus additional time as available. The cottages will also be in a rental pool where they are expected to bring in $1,200 to $1,800. owners also have to pay dues of $8,100 plus a property tax that works out to around 1% of the purchase price each year. The first six cottages will be ready in August; the remaining ones will be finished in November.

Tags: fractional ownership, fractional real estate, napa valley, NapaValley, orchard at carneros, second home, vacation home